Swiggy Sells Its Share in Rapido, Reaping 2.35X Returns; Prosus and WestBridge Step In to Acquire Stake
Swiggy announced the sale of its stake in Rapido for Rs 2,399.5 crore, securing over a 2.3X return.
Chiratae Ventures Secures $150 Million in Second Close for Fund V
Chiratae Ventures announced the second close of its fifth fund at $150 million, focusing on early-stage startups.
Navo Secures ₹8 Crore in Seed Funding, with IndiaQuotient at the Helm
Navo, an AI-powered B2B fashion marketplace, raised Rs 8 crore to expand retailer acquisition and enhance AI.
Purple Style Labs Faces Flat Revenue in FY25 Amidst 36% Surge in Losses
Purple Style Labs (PSL) has filed DRHP with SEBI to raise Rs 660 crore through IPO amid widening losses.
Zealthix Secures $1.1 Million in Seed Funding from Unicorn India Ventures
SaaS-based healthcare platform Zealthix has raised $1.1 million in a seed funding round led by Unicorn.
“Startup Founders Struggle as Series A Dilution Takes Its Toll”
Indian startup founders are diluting over 40% equity for growth capital, prioritizing expansion over control.
Paar Autonomy Secures ₹3.5 Crore Investment from Venture Catalysts
Paar Autonomy, a robotics startup, raised Rs 3.5 crore for manufacturing and defense collaborations.
Rocket Secures $15 Million Seed Funding Round Led by Salesforce Ventures
Rocket, an AI-powered app-building platform, has raised $15 million in seed funding led by Salesforce.
Purple Style Labs Launches DRHP in Bid to Secure ₹660 Crore Through IPO
Purple Style Labs (PSL) has filed papers to raise Rs 660 crore through an IPO, with fresh equity shares.
Distil Secures $7.7 Million in Series A Funding with Leadership from Jungle and CE Ventures
Distil, a specialty chemicals startup, has raised $7.7M in Series A funding led by Jungle Ventures.
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